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‘Devastating to small companies’: How fashion brand Lafayette 148 is dealing with tariff changes
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A major theme of the Trump presidency so far has been the ongoing turmoil with China over trade. The recent tariff raises from the Trump administration, which saw a 10% increase in tax on certain imports from China including apparel and footwear, are one such result of this conflict. Those tariffs have fashion brands, particularly smaller ones like Lafayette 148, concerned for their futures.
